About Nammo
Nammo is a company based in Raufoss (Norway) founded in 1998. The company has 1 employees as of March 29, 2024. Nammo has completed 4 acquisitions, including Berger Bullets, Chemring Ordnance and Pocal. Nammo offers products and services including Ammunition, Rocket Motors, and Shoulder Fired Systems. Nammo operates in a competitive market with competitors including FN Herstal, Sierra Bullets, True Velocity, Solar Group and Sellier & Bellot, among others.
- Headquarter Raufoss, Norway
- Employees 1 as on 29 Mar, 2024
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Nammo India Private Limited
- Date of Incorporation 29 Apr, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$433.55 K (USD)5.06as on Mar 31, 2023
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Net Profit
$32.62 K (USD)2.18as on Mar 31, 2023
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EBITDA
$40.15 K (USD)-3.21as on Mar 31, 2023
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Latest Funding Round
$530.7 K (USD), Grant
Dec 01, 2023
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Investors
European Union
& 1 more
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Employee Count
1
as on Mar 29, 2024
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Investments & Acquisitions
Berger Bullets
& 3 more
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Products & Services of Nammo
Nammo offers a comprehensive portfolio of products and services, including Ammunition, Rocket Motors, and Shoulder Fired Systems.
Specialty ammunition for military and defense operations worldwide
Engines used in rockets and missiles for space and defense
Portable systems for tactical military applications and security
People of Nammo
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Leadership Team
12 people
Software Development Team
8 people
Sales and Marketing
8 people
Product Management Team
7 people
Board Team
6 people
Creative and Marketing Team
3 people
Human Resources and Administration
3 people
Program Team
3 people
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Funding Insights of Nammo
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $530,704
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Grant - Nammo | Valuation |
investors |
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| Feb, 2020 | Amount | Grant - Nammo | Valuation |
investors |
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| Jan, 2016 | Amount | Grant - Nammo | Valuation |
investors |
Investors in Nammo
Nammo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Military Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Administers health care and support for military personnel and operations.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nammo
Nammo has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Berger Bullets, Chemring Ordnance and Pocal.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Ammunitions are manufactured by Pocal in the United States.
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1999 | ||||
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Defense systems are engineered and manufactured for military use.
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1960 | ||||
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Online offering grade rifle bullets for varmint, target, hunting and tactical
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1955 |
Financial Statements - Nammo
Nammo Comparisons
Competitors of Nammo
Nammo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FN Herstal, Sierra Bullets, True Velocity, Solar Group and Sellier & Bellot, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Collaboration among single-family offices is facilitated through a secure network.
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| domain | founded_year | HQ Location |
Precision bullets are manufactured by Sierra Bullets for reloading applications.
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| domain | founded_year | HQ Location |
Ammunition products are manufactured and supplied by True Velocity.
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| domain | founded_year | HQ Location |
Defense and industrial explosives are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
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Frequently Asked Questions about Nammo
Nammo was founded in 1998 and raised its 1st funding round 8 years after it was founded.
Nammo is headquartered in Raufoss, Norway. It is registered at Raufoss, Innlandet, Norway.
As of Mar 29, 2024, the latest employee count at Nammo is 1.
Annual revenue of Nammo is $433.55K as on Mar 31, 2023.
Nammo was founded in 1998 in Raufoss, Norway, where operations are based in the defense sector. Ammunition and rocket motors are manufactured and distributed to military and civilian customers worldwide. Services encompass production of propulsion systems and related components, with a focus on reliability for defense applications. The company maintains facilities across Europe and North America to support global supply chains.
Nammo's top competitors include Solar Group, True Velocity and Sierra Bullets.
Nammo offers Ammunition, Rocket Motors, and Shoulder Fired Systems.
Nammo has made 4 acquisitions, including Berger Bullets, Chemring Ordnance, and Pocal.
Nammo has 2 investors. Key investors include European Union, and Military Health.